Minnesota’s Economic News – W/E 8/21/20
State and local taxes and spending
The Center Square: Frey proposes 5.7 percent property tax increase, recommends police hiring freeze
WCCO: Mayor Frey Says Proposed Budget Could Mean 100 Less Cops In Minneapolis
KAALTV: Austin taxpayers could see a 4% increase in 2021
Rochester Post Bulletin: Trickle down: State deficit will take bite out of city, county budgets
Economic development
WCCO: Fluence Forum – Enbridge Line 3 replacement project sits ready for construction
Star Tribune: Minnesota and private partners need to support rebuilding inner-city commercial corridors
Bemidji Pioneer: Letter to the Editor: Line 3 will aid speedy economic recovery
Rochester Post Bulletin: Letter: Line 3 would give economy a boost
Star Tribune: New firm hopes to fill hole in Twin Cities startup funding
Duluth News Tribune: In Response: Plan for ‘just transition’ includes replacing Line 3
Duluth News Tribune: Minnesota environmental groups announce new Line 3 appeal
The Center Square: Gov. Walz’s administration to challenge Line 3 approval
Bemidji Pioneer: Line 3 tribal spending having positive impact
Star Tribune: Gov. Tim Walz’s appeal of Enbridge pipeline decision doesn’t sit well with construction unions
Labor market
Red Lake Nation News: No college degree? No problem. Many jobs in demand now don’t require one
KEYC: DEED: no degree needed for most jobs in demand
Wadena Pioneer Journal: Unemployment impacts area unevenly with Wadena now at 7.7%
Star Tribune: Minnesota’s job growth slows in July as unemployment rate falls to 7.7%
WCCO: Minnesota shows growth in employment numbers while pandemic continues
Mankato Free Press: Local job numbers down but perform far better than rest of state
WCCO: Minnesota’s Unemployment Rate Dropped To 7.7% In July, But Job Growth Slows
Minn Post: Minnesota unemployment rate drops to 7.7% for July
KAALTV: DEED: Unemployment in Minnesota fell to 7.7% in July
KTOE: MN Unemployment Rate Falls to 7.7%
MPR News: Minnesota unemployment rate falls to 7.7 percent
KROC: Minnesota Still Down About 256,000 Jobs From Last Year
John Phelan is an economist at the Center of the American Experiment.